Form 990 for tax year 2022

Filed by GOLDEN CORRIDOR FAMILY YMCA.

Totals

Total revenue: $7,202,190
Total expenses: $6,561,433
Contributions and grants received: $437,109
Grants paid: $0
Program service revenue: $6,529,748
Investment income: -$989
Other revenue: $236,322
Total assets, end of year: $12,017,402
Total liabilities, end of year: $3,418,672
Net assets or fund balances, end of year: $8,598,730
Program services expenses (Part IX): $4,766,612
Management and general expenses: $1,709,696
Fundraising expenses: $85,125
Program service expenses (Part III): $4,766,612

Program services were 72.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1e · Government grants (contributions)

$39,082
1f · All other contributions, gifts and grants

$398,027
2a · Program service revenue: PROGRAM FEES

total $6,102,814 · related or exempt $6,102,814
2b · Program service revenue: MEMBERSHIP DUES

total $426,934 · related or exempt $426,934
6a · Gross rents

real property $31,519
6b · Less rental expenses

real property $0
6c · Rental income or loss

real property $31,519
6d · Net rental income or loss

total $31,519 · related or exempt $31,519
7b · Less cost or other basis and sales expenses

securities $989
7c · Gain or loss

securities -$989
7d · Net gain or loss

total -$989 · excluded -$989
10a · Gross sales of inventory

$87,529
10b · Cost of goods sold

$0
10c · Net income from sales of inventory

total $87,529 · related or exempt $87,529
11a · Other revenue: OTHER REVENUE

total $117,274 · related or exempt $117,274
11e · Other revenue, total

$117,274

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $164,266 · management and general $164,266
6 · Compensation of disqualified persons

total $2,865,325 · program services $2,126,307 · management and general $682,660 · fundraising $56,358
8 · Pension plan contributions

total $85,276 · program services $59,851 · management and general $23,839 · fundraising $1,586
9 · Other employee benefits

total $295,853 · program services $207,643 · management and general $82,706 · fundraising $5,504
10 · Payroll taxes

total $223,177 · program services $156,636 · management and general $62,389 · fundraising $4,152
11g · Fees: other

total $5,095 · management and general $5,095
12 · Advertising and promotion

total $25,965 · program services $545 · management and general $25,420
13 · Office expenses

total $160,841 · program services $142,166 · management and general $16,874 · fundraising $1,801
16 · Occupancy

total $490,818 · program services $452,085 · management and general $33,672 · fundraising $5,061
20 · Interest

total $124,369 · program services $112,989 · management and general $9,893 · fundraising $1,487
22 · Depreciation, depletion and amortization

total $605,963 · program services $550,516 · management and general $48,202 · fundraising $7,245
23 · Insurance

total $87,231 · program services $79,249 · management and general $6,939 · fundraising $1,043
24a · Other expenses: SUPPLIES

total $626,806 · program services $602,801 · management and general $24,005
24b · Other expenses: CONTRACT SERVICES

total $378,682 · program services $21,356 · management and general $357,326
24c · Other expenses: CREDIT CARD & FINANCING

total $117,240 · program services -$4,105 · management and general $121,345 · fundraising $0
24d · Other expenses: FIELD TRIP

total $105,186 · program services $105,186
24e · All other expenses

total $199,340 · program services $153,387 · management and general $45,065 · fundraising $888

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $969,179 · end of year $2,822,563
2 · Savings and temporary cash investments

beginning of year $259,423 · end of year $262,781
3 · Pledges and grants receivable

beginning of year $675,039 · end of year $530,454
4 · Accounts receivable

beginning of year $702,640 · end of year $129,326
8 · Inventories for sale or use

beginning of year $72,852 · end of year $87,263
9 · Prepaid expenses and deferred charges

beginning of year $6,705 · end of year $0
10a · Land, buildings and equipment: cost or other basis

$19,932,258
10b · Land, buildings and equipment: accumulated depreciation

$11,867,684
10c · Land, buildings and equipment, net

beginning of year $8,630,471 · end of year $8,064,574
11 · Investments: publicly traded securities

beginning of year $196,784 · end of year $120,441
17 · Accounts payable and accrued expenses

beginning of year $384,118 · end of year $285,440
19 · Deferred revenue

beginning of year $59,205 · end of year $90,500
21 · Escrow or custodial account liability

beginning of year $53,322 · end of year $45,778
23 · Secured mortgages and notes payable

beginning of year $3,068,864 · end of year $2,996,954
27 · Net assets without donor restrictions

beginning of year $7,947,584 · end of year $8,598,730

Mission and programs · 2022

Mission

THE GOLDEN CORRIDOR FAMILY YMCA IS COMMITTED TO DEVELOPING THE SPIRIT, MIND, AND BODY OF ALL, REGARDLESS OF FINANCIAL ABILITY, IN A POSITIVE HEALTHY, CHRISTIAN ENVIRONMENT THROUGH QUALITY LEADERSHIP, PROGRAMS, SERVICES, AND FACILITIES.

Activities or mission (Part I)

PROVIDING CHRISTIAN BASED PROGRAMS TO BUILD A HEALTHY SPIRIT, MIND AND BODY FOR ALL.

YOUTH DEVELOPMENT - OUR YMCA IS COMMITTED TO URTURING THE POTENTIAL OF EVERY CHILD AND TEE. WE BELIEVE THAT ALL CHILDREN DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. WE HELP YOUNG PEOPLE CULTIVATE VALUES, SKILLS, AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH, AND EDUCATIONAL ACHIEVEMENT. OUR PROGRAMS SUCH AS CHILD CARE, YOUTH SPORTS, AND CAMP PROGRAMS OFFER A RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL AND EMOTIONAL GROWTH.

Expenses $3,444,348 · Revenue $5,691,032
SOCIAL RESPONSIBILITY - OUR YMCA BELIEVES IN GIVING BACK AND SUPPORTING OUR NEIGHBORS. WE HAVE BEEN LISTENING AND RESPONDING TO OUR COMMUNITY'S CRITICAL NEEDS. WE ENGAGE YMCA MEMBERS PARTICIPANTS AND VOLUNTEERS IN ACTIVITIES THAT STRENGTHEN OUR COMMUNITY AND PAVE THE WAY FOR FUTURE GENERATIONS TO THRIVE.

Expenses $624,928 · Revenue $396,842
HEALTHY LIVING - THE YMCA IS A LEADING VOICE FOR HEALTH AND WELL-BEING. WE BRING FAMILIES TOGETHER, ENCOURAGE GOOD HEALTH, AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS, FUN AND SHARED INTERESTS. AS A RESULT, PEOPLE IN OUR COMMUNITY ARE RECEIVING THE SUPPORT, GUIDANCE, AND RESOURCES THEY NEED TO ACHIEVE GREATER HEALTH IN SPIRIT, MIND, AND BODY. THIS IS PARTICULARLY IMPORTANT AS OUR NATION STRUGGLES WITH AN OBESITY CRISIS, FAMILIES STRUGGLE WITH WORK/LIFE BALANCE, AND INDIVIDUALS SEARCH FOR PERSONAL FULLFILLMENT. OUR YMCA OFFERS HEALTHY LIVING PROGRAMS THAT INCLUDE GROUP ADULT CLASSES, A WELLNESS CENTER, AND PARENT CHILD PROGRAMS.

Expenses $697,336 · Revenue $678,196

As filed on the 2022 return.

Listed in Part VII

JIM HABEL

CHAIR

Total calculated

$0

Hours/week

0.5
CARL SWANSON

SECRETARY

Total calculated

$0

Hours/week

0.5
DAN FINNERAN

TREASURER

Total calculated

$0

Hours/week

0.5
NAZNEEN HASHMI

VICE CHAIR

Total calculated

$0

Hours/week

0.5
JOHN REGAN

PAST CHAIR

Total calculated

$0

Hours/week

0.5
THOMAS SCHNEIDER

DIRECTOR

Total calculated

$0

Hours/week

0.5
DR DAVID SAM

DIRECTOR

Total calculated

$0

Hours/week

0.5
HALIL DEMIR

DIRECTOR

Total calculated

$0

Hours/week

0.5
MICHAEL PRZYBYLSKI

DIRECTOR

Total calculated

$0

Hours/week

0.5
MICHELLE EVANS

DIRECTOR

Total calculated

$0

Hours/week

0.5
NANCY COLEMAN

DIRECTOR

Total calculated

$0

Hours/week

0.5
DOUGLAS BRITT

CEO

Total calculated

$165,000

From this org

$165,000

From related orgs

$0

Other

$0

Hours/week

40

Schedule J breakdown matched by us

Base

$165,000

Bonus

$0

Other

$0

Deferred

$0

Nontaxable benefits

$0

Filer's total

$165,000

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

3 · Compensation committee
3 · Approval by the board or compensation committee

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3: CEO SALARY DETERMINED BY COMPENSATION COMMITTEE AND APPROVED BY THE BOARD.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2022
Filed: 17 April 2024
IRS schema version: 2022v5.0
Source object: 202401099349300105

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